11821 Guy R Brewer Blvd
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11821 Guy R Brewer Blvd
1,500 SF Retail Building Jamaica, NY 11434 £705,968 (£471/SF) 4.82% Net Initial Yield
Investment Highlights
- Long time existing tenant recently renewed 10yr lease
- Rear Yard
- Basement
Executive Summary
Rare opportunity to invest in a prime commercial property in Queens, NY with 4%/yr rent escalator. Whether you're looking to expand your investment portfolio with a proven tenant, or capitalize on the thriving local market, this property offers endless possibilities for success.
Welcome to an exceptional investment opportunity located in the bustling heart of Queens, New York. This property, currently operating as a successful laundromat and presents a lucrative chance to capitalize on the high traffic flow and robust economic activity of this vibrant neighborhood. The long standing existing tenant renewed a 10year lease (9yrs remaining).
Prime Location: Situated in a highly sought-after area with excellent visibility and accessibility, this property benefits from its strategic position in a bustling commercial district with heavy foot and vehicular traffic.
Proven Income Stream: The existing laundromat business has established itself as a reliable source of income, catering to the needs of the local community and enjoying consistent patronage.
Investment Potential: As Queens continues to experience a stable population and continued re-development, investing in this property presents the opportunity for long-term appreciation and solid returns on investment.
Note: This is a property investment sale only. The business is not included, nor is it for sale.
Contact us today to schedule a private viewing and explore the potential of this remarkable investment opportunity.
Welcome to an exceptional investment opportunity located in the bustling heart of Queens, New York. This property, currently operating as a successful laundromat and presents a lucrative chance to capitalize on the high traffic flow and robust economic activity of this vibrant neighborhood. The long standing existing tenant renewed a 10year lease (9yrs remaining).
Prime Location: Situated in a highly sought-after area with excellent visibility and accessibility, this property benefits from its strategic position in a bustling commercial district with heavy foot and vehicular traffic.
Proven Income Stream: The existing laundromat business has established itself as a reliable source of income, catering to the needs of the local community and enjoying consistent patronage.
Investment Potential: As Queens continues to experience a stable population and continued re-development, investing in this property presents the opportunity for long-term appreciation and solid returns on investment.
Note: This is a property investment sale only. The business is not included, nor is it for sale.
Contact us today to schedule a private viewing and explore the potential of this remarkable investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,500 SF
Building Class
C
Year Built
1931
Price
£705,968
Price Per SF
£471
Net Initial Yield
4.82%
NOI
£34,043
Tenancy
Single
Number of Floors
1
Building FAR
0.69
Land Acres
0.05 AC
Zoning
R3-2
Frontage
20 ft on Guy R Brewer Boulevard
Amenities
- Storage Space
Walk Score ®
Very Walkable (75)
Transit Score ®
Excellent Transit (72)
PROPERTY TAXES
| Parcel Number | 12354-0009 | Improvements Assessment | £47,653 |
| Land Assessment | £24,003 | Total Assessment | £71,656 |
PROPERTY TAXES
Parcel Number
12354-0009
Land Assessment
£24,003
Improvements Assessment
£47,653
Total Assessment
£71,656
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Howell Silverman -
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11821 Guy R Brewer Blvd
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